Hi, I'm currently under contract to purchase my first rental property, a 6 family in Asbury Park, NJ and I'm trying to secure a loan. Although I've looked (and made lots of offers), I didn't realize that it was a wh...
I recently purchased a performing first which has an outstanding HOA lien attached. Upon contacting the attorney for the HOA to find out how much the outstanding lien was, I was told that the attorney charges $150 fo...
I'm a new/first time investor, moved my family to San Antonio Oct. 2019. Trying to learn the area, looking for good B/C areas. I'm finding some good older posts/suggestions, but some are 1-2 years old, so looking fo...
If you were to purchase a property that has to abide by HOA regulations, such as a condo, what monthly expenses are included in HOA costs? Or are the monthly HOA expenses different for each HOA community?
Greetings:Within a particular area that I have a rental property; unfortunate, but true; the choice of property management is not that great. What I mean is simply that there is fee based and percentage based and eve...
If run properly mobile home parks can be a sound long term investment. No dealing with rentals are beaten by tenants. Info structure usually does not require updates as often as apartment buildings. Any word on deprec...
I recently found a retiring gentleman trying to sell three 1\1 units in the same complex. The numbers work (in my initial research) so that the Cash on Cash Return on Investment is 11%. My questions is about the HOA f...
Hi BP Folks,One year since I started on BP, I've finally purchased my first Buy and Hold in Chicago Pilsen area. It's a 3 flat and is fully rented, due to my FHA loan guidelines, I will be moving in once one of the le...
I have an odd question as a flipper. When you have received a decent payday from a deal and you don't have another deal lined up, where do you stash your money so you can get to it in a short time frame and still hav...
I am formulating a five year plan that involves my first purchase being a househack. However, I live in Brooklyn, NY and need to stay nearby for work. I am hesitant to invest near NYC because of the ROI and eviction...